Sr Administrator, Trust Accounting Reconciliations
5 days ago
Job Summary
Job Description
What is the opportunity?
In this role, you will complete the Trust Accounting Reconciliations on a daily basis, ensuring that all accounts are reconciled and that outages are investigated and sourced to the correct Business Units. The Administrator will also be required to utilize stated reconciliation applications and other related tools and to ensure that existing controls, procedures and processes are aligned to our existing Operational Risk Framework Practices.
What will you do?
- Ownership for specified Trust Accounting reconciliations across suspense accounts
- Responsible for driving resolution of all outstanding breaks through escalation and query management.
- Investigation and source all breaks on a timely basis.
- Ensure that the processing of journal entries are sent for approval prior to the deadline.
- Follow-up and escalation of outstanding breaks.
- Ensure that there are no breaks sourced to the TA Investigations team greater than 5 days.
- Ensure that cross-training activities are completed with team members.
- Provide backup for staff who are on vacation or out of the office.
- Identify areas of improvement by analyzing breaks and reviewing trends.
- Updating of Desk Operating Procedures & User Guides to reflect changes/enhancements, as required.
- Completion of all personal learning courses within the established timeframes.
What do you need to succeed?
Must-have
- 2+ years of relevant work experience within the financial industry
- Strong communication and client relation skills
- Strong, effective organizational and prioritization skills
What's in it for you?
We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
- Excellent exposure to communicate with various business partners and stakeholders in Investor Services and within other platforms as appropriate
- Opportunity to obtain hands-on experience throughout your role
- Working with an exciting, close-knit, supportive & dynamic group
- Opportunity to collaborate with other business segments within the bank
- Excellent career development and progression opportunities
- A comprehensive Total Rewards Program including bonuses and flexible benefits
- Competitive compensation
Job Skills
Accounting Reconciliation, Adaptability, Communication, Customer Relationship Management (CRM), Detail-Oriented, Ethical Business, Group Problem Solving, Results-Oriented, Trust AccountingAdditional Job Details
Address:
RBC CENTRE, 155 WELLINGTON ST W:TORONTOCity:
TORONTOCountry:
CanadaWork hours/week:
37.5Employment Type:
Full timePlatform:
WEALTH MANAGEMENTJob Type:
RegularPay Type:
SalariedPosted Date:
2025-03-24Application Deadline:
2025-04-04Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Inclusion and Equal Opportunity Employment
At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
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